Business

Aratana Therapeutics to sell stock

The Kansas City, Kan. biotechnology company, on Wednesday announced plans to raise about $41.63 million in a public stock offering. It would be the company’s third stock sale over the past 15 months.

Business

FedEx to add 50,000 seasonal jobs

Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.

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Getting the capital you need: key questions and answers

Lacking sufficient capital to grow is the main constraint for most small and middle market companies. To reach the next level of success, capital is the fuel that drives the company’s growth engine. Without it, reaching that next level is almost impossible.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business

Business

Port of Kansas City terminal is reopening to barge traffic

The Port Authority of Kansas City said it is partnering with Kaw Valley Companies of Kansas City, Kan., to operate the Woodswether Terminal at 1724 Market St. in the West Bottoms. The goal is for barge traffic to begin using the terminal before the end of this year’s shipping season in early December.